A $.$$$30,000$ notes payable is retired at its $$30,000$ carrying $($book$)$ value in exchange for cash.

B$.$ The only changes affecting retained earnings are net income and cash dividends paid.

C$.$ New equipment is acquired for $$58,600$ cash.

D$.$ Received cash for the sale of equipment that had cost $$49,600,$ yielding a $$2,100$ gain.

E$.$ Prepaid Expenses and Wages Payable relate to Operating Expenses on the income statement.

F$.$ All purchases and sales of inventory are on credit.